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Democrats Push Higher Spending To Combat Recession
Democrats on the House Economic Committee urge a $412 to $418 billion fiscal 1977 outlay, challenging Ford’s $394 billion proposal. They seek $16 to $24 billion more, plus one million emergency jobs and a voluntary wage price restraint program. They argue higher spending will boost tax revenues and cut unemployment benefits and food stamps.
MENTIONED IN THIS ARTICLE
Washington
Democrats
Congressional
Oinl
Ford
Hubert H. Humphrey
D-Minn